Astragon Acquired Independent Arts Software for up to €3.5m
In April 2023, astragon Entertainment acquired Independent Arts Software. At the time, the acquisition sum was not disclosed, but it is now. The value of the takeover is up to 3.5 million Euros.
Astragon Acquired Independent Arts Software for up to €3.5m.Archive astragon
Almost one year ago, on 27 April 2023, astragon Entertainment acquired 100 per cent of the share capital of Independent Arts Software. astragon paid up to 3.5 million Euros for the North Rhine-Westphalian company. The initial payment for the acquisition were 2.0 Million Euros in cash. A further payment of up to 1,5 Million Euro is payable in cash based on meeting certain performance requirements following completion of the acquisition. These conditions have not been disclosed.
Almost one year ago, on 27 April 2023, astragon Entertainment acquired 100 per cent of the share capital of Independent Arts Software. astragon paid up to 3.5 million Euros for the North Rhine-Westphalian company. The initial payment for the acquisition were 2.0 Million Euros in cash. A further payment of up to 1,5 Million Euro is payable in cash based on meeting certain performance requirements following completion of the acquisition. These conditions have not been disclosed.
